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• CASH Only

  United States
  Member #379
  June 5, 2002
  11,296 Posts
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  Jun 4, 2006, 1:19 pm

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  Mega Millions winners in California get pari-mutuel prizes. MM players in Texas have the Megaplier, which multiplies all prizes except the jackpot. At least two MM states require the cash/annuity choice when you play.

  Even worse is the new Lose for Life online game. VA winners have a cash option (which is equal to only 10 years of quarterly payments.) GA doesn't even have a cash option, and the same probably can be said of KY.
• ryanm

  

  Morrison, IL
  United States
  Member #4,657
  May 13, 2004
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  Jun 4, 2006, 5:20 pm

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  Yes, I think California's MM should fall in line with the rest of the states. However, I see no harm in what Texas is doing, since it costs players an extra $1 to multiply their prizes, so I really see the Texas Megaplier as a separate game from Mega Millions (with exception of no extra prize for match 5+1 obviously).
• CASH Only

  United States
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  June 5, 2002
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  Jun 5, 2006, 9:38 am

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  Quote: Originally posted by ryanm on June 4, 2006

  Yes, I think California's MM should fall in line with the rest of the states. However, I see no harm in what Texas is doing, since it costs players an extra $1 to multiply their prizes, so I really see the Texas Megaplier as a separate game from Mega Millions (with exception of no extra prize for match 5+1 obviously).

  California requires all online games to pay prizes using a pari-mutuel formula. Therefore the only way all 12 members would play by the same rule would be for the other 11 to go pari-mutuel.
• ryanm

  

  Morrison, IL
  United States
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  May 13, 2004
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  Jun 5, 2006, 11:46 am

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  If all 12 Mega Millions states went pari-mutuel, then all the prize funds would have to be common (like the jackpot prize is), and that would create too many headaches (as opposed to the states paying the prizes under the jackpot from their own funds), so I don't see that happening.
• Just6ntlc

  United States
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  June 2, 2005
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  Jun 6, 2006, 9:27 am

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  My vote is no only because CA joined MM and have all of their prizes is pari-mutuel. Texas should have the Megaplier apply to all states with fixed amounts.
• CASH Only

  United States
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  June 5, 2002
  11,296 Posts
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  Jun 7, 2006, 11:24 am

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  Quote: Originally posted by Just6ntlc on June 6, 2006

  My vote is no only because CA joined MM and have all of their prizes is pari-mutuel. Texas should have the Megaplier apply to all states with fixed amounts.

  I don't mind California using a pari-mutuel formula since their payout is the same (50%) as the other MM states. It evens out in the long run.